Silver BananaTopicAuthorRepliesFreshnesssort ascending
+2
Distressed PE/HFSo this actually hasn't been brought up in a while, but Im trying to compile a list of respectable distressed players. Preferably control PE funds, but anymore the HF/PE line can be blurred when it comes go distressed companies and their debt. Other than the obvious Oaktree, Apollo, Ares, and Cerbe...
DaBBzMan
351 month 1 week ago
0
TA Associates QuestionInterviewing with TA Associates tomorrow. Very interested in Growth Equity and sourcing is appealing to me. Was wondering if anyone has gone through the process with them and had any insights to share? Also, how many rounds/days will they have? I know a lot of PE firms are only doing 1 day and offer...
excelsiovr
01 month 1 week ago
+1
PE Lateral ProcessSo I'm a little slow at work this evening and have been seeing all of the Analysts at my bank clamoring to secure buyside offers and it has gotten me thinking... What happens if you end up not liking the shop you end up at? In banking it is a well-trodden path to lateral between banks, but does tha...
DaBBzMan
221 month 1 week ago
0
Private Equity vs. M&A in 2017An article was recently published about the decrease in PE activity after 2015, in regards to the number of deals closed as well as the deal values. A coinciding M&A boom also led to higher valuations at the upper end, as players in more traditional industries sought acquisitive routes to grow...
tgi-finance
11 month 2 weeks ago
0
[Law in PE] What does the legal team of a private equity firm do?What do they do? What backgrounds do they come from? Do they ever make their way onto the investment committee track? What are the hardest parts of their job and what are the easiest? What do they do day to day? What do they find interesting about their work/the field of law in PE? I don't know anyt...
a7b9c13
21 month 2 weeks ago
+1
Reaching out directly to PE firms?I am at a top MM firm and am interested in moving to PE in a specific city. There are a few PE firms there, but they have fairly small associate classes (two to four), so I am not sure if they use any headhunters. Would reaching out directly to them be acceptable, or should I just ask headhunters if...
Sil
61 month 2 weeks ago
0
Seller Notes modelingAnybody seen an example or guide on how to model seller notes? And what is the treatment if it ends up on the Sources table? Thanks. ...
moshposh
11 month 2 weeks ago
0
Written test of a distressed fund (SSGAsia)Will take a written test of SSGAsia, a distressed fund founded by exit Lehman distressed team. Does anyone know what kind of test it will be in a typical distressed fund interview and how does SSGAsia do in Asia nowadays. Thanks! ...
woniumaidi
01 month 2 weeks ago
+1
Best approach to estimate sale value?Happy new year folks. I'm trying to calculate the return on a capital-growth private equity investment in a firm with a stake of 30%. I have the investment amount in year 0, and expected share of dividends for years 1 through 5. Assuming the firm's mandate is to exit in 5-7 years, what would be the ...
Citystreet
61 month 2 weeks ago
+1
Size of Deals on Resume for PE RecruitingI work in FIG at an EB and although I feel that I am gathering valuable experience, most of my deals would be described as small ($50M - $500M) with only 1-2 surpassing $1B. Would this be looked upon poorly when recruiting for PE? Part of it is a function of the industry (i.e. there isn't a ton of m...
Blue_Horseshoe_5
61 month 2 weeks ago
0
VC and PE InternshipHello monkeys: So, I'm a Freshmen in my second semester at a local community college. I'm not in a major city--AKA New York or Chicago--the closest major city to me is Fort Lauderdale in Florida. My goal is to break into VC or PE. I figured the bestway to do that would be the same way to break into ...
jorgeapaez
01 month 2 weeks ago
0
Macquarie MIRA in Australia? Macquarie MIRA, which is an infrastructure PE group AFAIK...anyone know what the standards are to get in in Australia? Is it on par with Investment Banking? Harder? Easier (somehow)? It seems way better than investment banking, albeit more focused on infrastructure...yet not a lot of people AFAIK kn...
cataractum
31 month 2 weeks ago
0
CPP Private DebtDoes anybody know anything about this group in terms of experience, compensation, and exit opportunities? I've done three years of IB at a BB and am now looking to go back to Canada. How is this opportunity if I want to 1) stay and get promoted, 2) go to MBA, 3) go to direct PE, 4) other opportuniti...
td2013
01 month 2 weeks ago
0
InfrastructureWhich areas of infrastructure (transportation, energy, etc..) has private equity typically been successful in and what are some example deals. ...
Broseidon1
01 month 2 weeks ago
0
Meeting PE Partner at His OfficeHi all, I'm an IB analyst who, through the founder of the PE firm (personal connection), got connected to a partner. It's a big shop and the meeting is next week at their office. Have had a few calls with others. What should my expectations be for the tone of this meeting (very informal, or like a 1...
iggs99988
31 month 2 weeks ago
0
Macquarie Credit Investing Role - Credit Funds Interviews PreparationGuys, Is anyone familiar with the credit investing role within Macquarie? HHs said the platform is similar to GS Special Situations Group, but unlike GS, here all the strategies are housed under one fund. I am very unfamiliar with credit investing roles in general so would appreciate any help/ input...
bondtradercu
11 month 2 weeks ago
0
Electricity Market Policy/Design -> Solar/Utilities Private Equity? This is just a hypothetical. Crux of my question is whether a career in electricity market policy (design) can ever lead to a career in Private Equity in the electricity space. There's an ongoing shift in the provision of electricity infrastructure, which AFAIK will result in new decentralised elect...
cataractum
21 month 2 weeks ago
+1
Call for advice from PE professionals - Undergraduate hopeful in distressThanks to anyone who takes the time to read this. I appreciate even more anyone who decides to contribute. So the situation is the following- I was just confirmed to attend an "Undergraduate Investment Clinic" for undergraduate students in New York City on January 7th. The 9-hour session is said to ...
Torero
81 month 2 weeks ago
0
Tech APM to VC AssociateJust graduated in 2016 from a top CS school, currently an Associate Product Manager at a large startup that's doing quite well on a great trajectory (think Zuora or Okta). I'm thinking about next steps (for 2018), and VC seems like a great fit for me; my career goals long term involve starting a com...
ruebrubys
01 month 2 weeks ago
0
Lump sum payment of land + building + Equipment. Can you amortize loan for land and depreciate for building and equipment?When receiving one loan of $1m from a lender for 4.5% annual rate to purchase Land (300k) + Building (200k) + Equipment (500k), can you amortize the $300k for land as if its a mortgage loan and depreciate the Building and Equipment amount? or if you are amortizing the total $1m loan, you can't depr...
Ladu
01 month 2 weeks ago
+1
How would you discover small businesses (with elderly owners) near NYCIf you were targeting founder-owned businesses in the NYC area to acquire, how would you go about finding businesses in which the owner was elderly / may retire soon? ...
TheKid1998
51 month 2 weeks ago
0
Paper LBOsHey everyone, Was wondering if any of you know where I can find some good paper LBO examples. Thanks in advance! ...
whatiswallstreet
11 month 2 weeks ago
0
Interview coming up soon with Coller CapitalHi guys, I have an interview coming up with Coller Capital for the summer associate position. I would highly appreciate it if you guys can provide some insight into the fund in terms of their investment process, culture, and what the interview questions were. ...
suv8080
01 month 2 weeks ago
0
Good place to pitch for private investment?Apologies for the likely newbie question, but my firm owns a suite of established and profitable online bitcoin casinos and sportsbooks. We are currently seeking to raise capital ($250,000 - $500,00) to grow our product set, as well as expand into B2B operations via reselling our existing proprietar...
monsterbyte
01 month 2 weeks ago
0
For the twats that email me about internships and want an informational interview...Just an unfriendly reminder that if you email me inquiring about internships and asking me to talk to you about my role, you NEED to take me up on the offer for a discussion even if my firm doesn't have any available internships. If you don't take up the offer, you're just a cunt. ...
LeveragedTiger
11 month 2 weeks ago
+1
Stepping stone if you're interested in PE or VC or IB - Case CompetitionWanted to share this with folks and pay it forward from a recent discussion with a BAML analyst, she shared a great story about how she made a name for herself through competing in case competitions - in particular the annual Pacific Venture Capital Conference and Competition (PVCC). Not only did sh...
Julienne_Hartman
01 month 2 weeks ago
0
Largest and most prestigious healthcare private equity firms?Hey guys I am just doing some background research in the field and was wondering which firms would you consider as the largest or most prestigious healthcare PE firms? Any resources you'd recommend to look further into this? thank you ...
arcticrecon
01 month 2 weeks ago
0
Does it matter if target LBO firm has a shit ton of debt?Just curious. Outside of breakage fees for debt, does the capital structure of the target firm matter at all? What are the implications and differences for acquiring a firm that is already levered up or is completely debt free? ...
zentiger
31 month 2 weeks ago
0
Transaction Services to Corp DevHi All- I recently accepted a position in Corporate Development at a pretty large company. Previously, I've worked in public accounting for the last 5 years, most recently in the Transaction Services line of service. For anyone that has had a similar background or worked in Corporate Development, wh...
Miley's Virus
01 month 2 weeks ago
0
Any hacks for finding out who the headhunter is representing?Many headhunting or exec search firms post PE roles online but obviously don't disclose the ultimate employer's name. Has anyone found any good hacks on how to find out who the ultimate employer is? Any intel work that can be done on Linkedin, for instance? ...
angrybanana
11 month 2 weeks ago
+1
Aeronautical/Aerospace Engineering PhD, Electrical-Computer Engineering MSc trying to break into PE/VCHello everyone. I've spent quite some time perusing through this forum, and I ought to say that I learned quite a bit. I initially posted this in the Consulting Forum and was advised to post it here in the PE/VC forum. Many thanks for taking the time to read my post!! I am at a crossroads in my care...
DeepAerospace
51 month 2 weeks ago
0
Buy side recruiting--implications of hedge funds starting?GBS put out that a couple HFs are going this week. What's the usual lag between them going and the MFs/crazed rush starting on the PE side? If it were this weekend or next I think a lot of kids would be straight fucked preparation-wise. ...
flipcup
01 month 2 weeks ago
0
Computer Science Minor?I wanted to hear some opinions on if undertaking a major in finance along with a minor in computer science would be a useful thing for a future career in venture capital? Along with working at some tech startups or in tech investment banking. ...
thebellcurve
11 month 2 weeks ago
0
Need Help Understanding Complicated Sources and Uses w/ Equity Rollover being ManipulatedRecently received a case study with the info below. I thought I had a good handle of sources and uses, but I don't know what to make of this scenerio. I am specifically confused with what is going on with sponsor and management equity rollover and if they are trying to hide something with the way t...
Basilisk
11 month 2 weeks ago
0
Blackstone Summer AssociateDoes anyone know when the initial invitations go out for the Blackstone Summer Associate interviews? Have they already gone out? I was told that it occurs after the ib interviews. ...
ThrowAway1
01 month 2 weeks ago
0
How do PE firms collapse?So I was just thinking reading some random news about PE funds and a thought occurred to me, has anyone been through an experience at a PE firm in which they've seen the rise and fall of a small(or large)fund? So for example, having a firm that successfully raises a few funds, deploys capital, retur...
mrharveyspecter
11 month 3 weeks ago
0
Series 52Hi all, I am scheduled to take the Series 52 in one month and have not started studying yet. Anyone taken the exam in the past? ...
georgegordon1189
11 month 3 weeks ago
0
2017 On-Cycle IBD=>PE TimingHi all, Any idea what recruiting timing is going to be this year? I've generally heard that the process is going to kick off with one of the large funds going in mid-January, but is it likely that recruiting happens during MLK weekend? If anyone has any inside visibility (shot in the dark here) wou...
freefly716
01 month 3 weeks ago
0
Newbie in PEHi, Just started my new job with a PE firm, after 1.5 yrs in an Investment Bank BO. The job is in investors origination (sales), so it's a huge change for me. It's quite exciting and I do foresee a steep learning curve. Would appreciate any advice or recommendations. Thanks! ...
Dumitru_M
01 month 3 weeks ago
+1
Breaking into Venture Capital out of Undergrad??Is it possible to break into the venture capital industry right out of undergrad? And what are the best routes to take to break into venture capital? ...
thebellcurve
81 month 3 weeks ago
0
BlackstoneBlackstone doesn't run a spring week programme like BB's but there is a "Future Women Leaders Programme" in spring. Description: **"Qualifications: To be considered for the 2017 Blackstone Future Women Leaders Programme, applicants must meet the following criteria: Currently enrolled as an undergra...
Robin Hood
11 month 3 weeks ago
0
Escape Club / Exit HatchStarting a thread for those who are finding ways to get financially free - while working in finance. I've come to realize I cannot count on this financial career forever, and in any case, I don't want to have to keep on working if I can avoid it. So I've put a bunch of my money into real estate, t...
earthwalker7
01 month 3 weeks ago
0
3G Capital & Berkshire Hathaway & BainI want to share my opinion on some companies that I like in terms of their accomplishments and uniqueness including 3G Capital, Berkshire Hathaway, and Bain and was wondering what are some other interesting ones that exist out there, not necessarily based on accomplishments or unique business model....
MikaSF
31 month 3 weeks ago
+2
Cash on Balance Sheet after an LBOHello everyone, Here is a question about LBO that I have been thinking for a while. Let's say a company that has 100M cash and 400M debt on its balance sheet. Currently equity value is 700M. So... Enterprise Value = 700M + (400M - 100M) = 1B And we are going to use an LBO to buy the company with 50%...
Kiyat
151 month 3 weeks ago
0
Economics degree, how to break into private equity?Hi y'all! I am currently an Economics student (M.Sc.) and I'd like to turn into PE. I have not a deep knowledge in finance, since my degree is more focused on economics in general, but I am challenged to work in PE. What to do you suggest me to do, in order to increase the probability of being hired...
Sheep29
11 month 3 weeks ago
+17
No country for old I-bankers (starting a mid-career thread for finance professionals)Starting a thread for mid-career finance professionals. Where did you guys go after banking? I ended up in PE myself, but man, it's hard. Seems WSO is all about the younglings but I wanted to hear what you fellow mid-career guys are experiencing. It's quite amusing to see the many young WSOers wa...
earthwalker7
541 month 3 weeks ago
+3
PE Recruiting Season - References for Weak AnalystsWell it's that time of year. I've started getting requests from headhunters/recruiter to provide references for my analysts. However, some of them aren't exactly top bucket. I'm not worried about the top bucket guys, I'm more concerned about all the other spectrum of analysts. Looking for advice fr...
TorontoMonkey1328
141 month 3 weeks ago
0
Antares CapitalAntares Capital (formerly GE Capital) - Can anyone tell me what compensation is like for an analyst? LIfestyle? Trajectory within the group? Exit ops? Thanks! ...
biggsy
161 month 3 weeks ago
+45
Best day of my life. I broke into PE coming from Community College. Here is my story.I wanted to tell my story on this forum - as WSO has been the sole reason which helped me learn about the industry and how to break in. I am from downstate New York, born and raised. I was a poor student in high school, so much so I didn't even take my SAT's. I was sent off to a residential junior c...
SUNYWallStreet
351 month 3 weeks ago
0
Best source for PE fundraising news in London and/or emerging markets?Would appreciate any pointers on which sites publish up to date news of PE or VC fundraises in London and or the emerging markets. Thank you. ...
angrybanana
01 month 3 weeks ago
0
How to go from tech to vc?I'm a senior at an HYP school, and have landed a software engineering gig at a big tech company (one of Google/Facebook) for after graduation. I'm not sure I see myself being an engineer forever, and being a vc seems like it could be an interesting route. Is engineering -> vc a doable transitio...
Babar the Elephant
11 month 3 weeks ago
0
Currently recruiting for PE, did not receive a return offer from Top BB over summerHello, I am currently in the PE recruiting process from a top firm. I interned at a top BB group this past summer, but unfortunately did receive a return offer. I am at another strong firm and have met with headhunters, but I am concerned that when interviewing firms will see that I didn't receive a...
rbbchimp
21 month 3 weeks ago
0
PE -> Real Estate PETried this in the Real Estate Finance Forum, but figured it may be more relevant in this one instead. I'm currently at a generalist middle market "corporate" private equity firm and have always been interested in real estate. I'm considering a move into repe next and was wondering if any others had ...
elmerbobst
01 month 3 weeks ago
+1
Should I list a return offer on my resume?Last summer I was an SA at a top 15 REPE firm and received a verbal return offer from one of the partners. I didn't like the specific division where I received the offer so I declined and never had the offer letter drafted out. I later interviewed with a separate division of the same company and rec...
am1113
81 month 3 weeks ago
0
Breaking into Biotech / Life Science VC or PE Hi all, I am a senior from a semi-target who will be joining the healthcare group of a top BB (JPM/MS/GS) and am majoring in biochemistry and economics. I was originally very interested in going into life science / biotech venture capital after a few years as an analyst but I am starting to reconsid...
student1995
41 month 3 weeks ago
0
Fund Overviews (TPG, KKR, Madison Dearborn)Hi All, Does anyone have any information on what differentiates these three funds or where you would look for such info? I am hoping to understand more about how they invest and what the associate experience is like at each fund. of course I am going to do the routine things (reach out to associates...
wombocombo
11 month 3 weeks ago
0
How to hit the ground running as junior in Venture Capital?In the new year I will be starting as a junior in a top tier VC fund (sorry to be so vague, but I hope you understand that the VC world is relatively small and I don't want to be recognised). I was wondering if anyone had some tips on how to hit the ground running? I didn't end up choosing IBD so do...
Jeff101
11 month 3 weeks ago
+1
The importance of Financial AccountingHey PE monkeys, I'm hopefully doing a PE internship this summer, but have not taken any accounting classes. Thus I need to brush up a bit. I know how a 3-statement model works and its connections etc. Meaning of different line items. However, I have the opportunity to do a class in Financial Stateme...
Hatting
61 month 3 weeks ago
+33
The Truth Behind PE CompensationHello World! Compensation in the PE world can be a bit of a black box. I sometimes get approached by folks who are perplexed by their compensation packages at a middle market PE fund. There is little consistency even across funds of the same size. On the surface, this doesn't exactly make a whole lo...
CompBanker
211 month 3 weeks ago
0
Corporate VC Exit OpportunitiesI am a current MBA student interested in venture capital and have recognized corporate VC as a possible avenue. However, I wanted to know what are the exit opportunities if any for corporate venture capital professionals? Is corporate VC a better option than working at a traditional VC firm? ...
MCII
161 month 3 weeks ago
+1
Co-investments to Direct?Hi all, I have recently come to the conclusion that I want to switch jobs within the buyside and would greatly appreciate your advice / views. Firstly, let me give you a bit of background about myself. I joined a bulge bracket bank here in London straight out of uni (2014) and stayed for a bit more ...
babbibarrot
91 month 3 weeks ago
+1
Which PE Associate programs are two years and out?Curious as to which associate tracks are strictly two years and out? Most interested in middle market but also curious about larger funds as well. Many thanks. ...
dw84203
61 month 4 weeks ago
+1
Exit Opps into PE from RBCHey guys, So I will be doing RBC IB in NY after graduation, and I'd like to do PE after banking ideally. So which groups at RBC have the best exit opps into PE? Not megafunds, but maybe upper middle market PE? ...
therealgekko
171 month 4 weeks ago
+1
Cell Tower Acquisitions StrategyAnyone have past experience in acquiring the cell tower real estate? I'm considering investing in the area but would like to hear people's thoughts. ...
jt8506
51 month 4 weeks ago
0
Common (or Not) Modeling Test CurveballsSo obviously, each firm has their own way of running these LBO tests, from template to Book1.xlsx. However, what are some difficult / tricky wrenches you've seen thrown into these that differentiate them from your typical vanilla LBO w/ simple assumptions? Hoping to hear both "common" tweaks as well...
flipcup
11 month 4 weeks ago
0
Jordan Company, KelsoBoth seem to be fairly large funds with a pretty lean investment team. anyone know about these two? ...
wallstreetoasis3
101 month 4 weeks ago
0
How shareholders' wealth can be maximized ?We say shareholders wealth can be maximized by increasing share price. How shareholders' wealth can be maximized through increase in share price as increase in share price does not affect share capital ? What we really mean by maximizing shareholders' wealth? As share price fluctuates on a daily bas...
Stokes
31 month 4 weeks ago
0
Should I start to look for a PE internship after my offer??I would like to get some good advice on my situation: I received an offer from an Investment bank recently and now that I have signed and accepted it, I am wondering whether I should start looking for a PE internship during the time before my full time employment starts in 2017? My training will kic...
hopinggtsgy
31 month 4 weeks ago
0
LBO Model - Loan Money to Mgmt to Buy EquityHow do you model in a loan to management to buy a piece of the equity as part of an acquisition, and then that loan is paid back to the company over time out of their compensation? ...
PEjunkie
01 month 4 weeks ago
+1
KKR Real Estate Private EquityHi, Does anyone have some insight about KKR Real Estate private equity or has anyone worked there or working there now? I have an interest in applying for a junior position and want to know more about it. Do they have both equity and debt funds or just one of them? How is the interview? Is it very t...
suv8080
52 months 4 hours ago
0
EC and leadership suggestion for HYP undergraduate to get in PEHi, I am new here. Thanks in advance for your comments and suggestions. I am a freshman at one of HYP. I am interested in PE. My concentrations/majors are in Economics and Mathematics. I have too much fun the first semester (party too much), and the first semester's GPA is slightly below 3.8. I wil...
Finance12345678
42 months 4 hours ago
0
Equity Partner As Construction Loan GuarantorWhen a JV is developing a building, how common is it for the equity partner to guaranty the construction loan? Do PE firms ever really agree to do that? It seems unlikely, no? I'd appreciate any insight (even a link to a site or forum that may help). Thanks in advance. ...
Shogun
02 months 6 hours ago
+40
Investment Banking to Private Equity - 6 Things You Should Know1. Why not just try to start with a PE firm? There are PE firms that hire juniors out of undergrad. However, this 99.99% of the time is in a sub-associate role. In other words, you would be junior to me. I'm only pointing this out because I don't want you to think that a person out of undergrad is g...
I Invest
352 months 6 hours ago
0
MBA implications of pre-MBA roleHi all, Second year MBB going through MM PE recruiting. I've had conflicting reads on these questions so hoping you guys can shed some light. In a nutshell, I want to join a firm with the intention of staying beyond the associate role (I intend to go to b school). Would love some help with these que...
luckytaleb
02 months 2 days ago
0
Macabacus latest version problemI've been paying to use Macabacus for two years and recently updated to the latest version. However I've found it really difficult to use. Many shortcuts and customized format cycles have been removed. And the format cycle shortcut doesn't work properly. No matter how I customize the format cycle, t...
lucizzzzzh
02 months 2 days ago
0
Cell Tower AcquisitionsAnyone have past experience in acquiring the cell tower real estate? I'm considering investing in the area but would like to hear people's thoughts. ...
jt8506
02 months 3 days ago
0
Networking CallsIf you reach out to people at firms who are alumni of your bank/school, what are good questions to ask beyond the structure of the associate program / the day to day / culture questions? How exactly do you lead the charge on these calls and what are thoughtful questions to prepare and standout? Thes...
Bluefanatic
02 months 3 days ago
+1
KPMG Deal Advisory to Private Equity? Is it true that people in KPMG Deal Advisory (FDD) at the Senior or Manager level can lateral into a small PE shop as an associate? I was told by someone within the industry that since you only work with PE firms in Deal Advisory, its possible to switch over to one of your clients if you really impr...
nbd786
22 months 3 days ago
0
What's Abraaj Group Singapore like compared to other hubs / Dubai? Are there any differences in performance/culture/specialisation? Do they deal in the growth equity and/or buyouts, or are they more a VC firm, like with a recent investment they made? ...
cataractum
12 months 4 days ago
+1
Crowdfunding for a PE FundHi all, We are in the process of setting up platforms to raise funds from individual investors for a PE Fund. In this process we plan to work with Banks and Retail stores to allow individuals to commit capital at these outlets. There are two things to note though that set us apart: 1) Our model is ...
Edwin
62 months 5 days ago
0
How important is your job title when recruiting for PE (from IB)Currently working as a second year analyst at a regional TMT M&A shop; we're what you might call a "no-name," but we have built up some notable industry recognition over the past few years. I've just found out from ahem inside sources that I'm going to be offered a promotion to associate. My que...
Prescott Moncrief lll
12 months 5 days ago
0
CRMs for Private EquityWhat has been your experience with CRMs in PE? My firm just got the first working version of our CRM and after playing around with it for a few days it seems like it might be more of a hassle than it's worth. Which CRM is your firm using? ...
Waymeather
02 months 5 days ago
+1
Alternative routes into PEAside from IB (and people who do PE right out of undergrad) where do the most private equity people come from? Is corporate development the next most common transition? ...
UmamiSalami
432 months 5 days ago
0
Comprehensive TextbooksHey everyone, I have searched googled and can't seem to find a comprehensive guide to common primary and secondary PE transaction. I'm specifically looking for examples on how spinouts are structure in the secondaries market. Really appreciate any inputs. ...
IamWilburRickRoss
02 months 6 days ago
0
PE Management Fees for a Mining DealHi all, I would like to ask a simple question, suppose a Private Equity Fund raises 100 million from Limited Partners (LPs) and then charges 2% management fees and 20% carried interest how does the 2% annual fees really work? Scenario (Mining Deal) Year 1; 100 million raised 2% Management Fees charg...
Edwin
42 months 6 days ago
0
What will happen to PE compensation once Trump reclassifies carried interest as regular income?Trump has said many times along the campaign trail that he intends to close this "loophole," though his cabinet appointees so far would suggest otherwise. However, it will be difficult to cut taxes to the levels in his proposals without closing off a good number of deductions and preferential tax r...
000000
02 months 6 days ago
0
Madison Dearborn vs. GTCRObviously two of the top names in Chicago private equity - anyone have any insight into how they compare in terms of culture, hours, pay, prestige etc.? Was discussing Chicago PE with someone recently and realized I had very little insight into either of these firms. ...
carlsbad83
22 months 1 week ago
0
Funds with Direct-Entry into industry groups at Associate LevelAs far as I can tell, most PE funds in the MM and MF level run on a generalist platform for associates; you're not placed into "groups" and I'm sure there's some sort of logical staffing process where you voice which kind of projects / industries to be placed on Which are the ones that have direct-e...
zentiger
12 months 1 week ago
0
Top MM PE Firms that Hire out of Deutsche Bank IBD?Seems like a lot of Top Names only tend to hire from JPM/MS/Goldman. What are the best PE firms that will look at DB industry coverage candidates? Want to try to go to the "best" shop I can, but want to keep expectations realistic. ...
CanadaGeese
02 months 1 week ago
0
Scoopbooks or Investment Banking by Rosenbaum?Wondering which book should I get? I just took the CFA Level 1 and I'm almost done with Leveraged Buyout by Pignataro. I'm in my late 20s switching careers, hoping to get into PE... Don't know if this is going to happen since I don't have any prior work experience. Which book should I get that'll gi...
rumorhasit
02 months 1 week ago
0
Anyone know anything about Hudson Advisors in Dallas?I currently work in a Fortune 100 Corporate Development group and got pinged by a recruiter for an Associate position with this PE firm. There is just not much out there on this firm outside the fact that they are part of Lone Star Funds and it appears they have a major RE presence and also deal in ...
skiNH85
192 months 1 week ago
0
Staffer Impact on Buyside RecruitingI've noticed that pretty much every headhunter wants staffer info in their initial profiles / datasheets. What kinds of things are they asking when they reach out, and do staffers treat it as kind of a perfunctory "yeah, candidate X is worthy" thing or do some meaningfully alter (for good or bad) th...
flipcup
12 months 1 week ago
+1
GPA question for PE recruitingHey guys, I realize this a ridiculous question but here goes. How much does an average GPA hurt when recruiting for full-time PE opportunities at a mega fund? I am currently a senior majoring in biochemistry and economics at a semi-target and will be working full time in the healthcare group of a to...
student1995
102 months 1 week ago
0
How to Vette a Small Venture Capital Firm I am about to interview as an analyst a small venture capital firm next week, and I'm trying to figure out relevant questions to ask. I want to know fund size, fund performance (probably won't tell me), and opportunity to grow but is there anything else I am missing? ...
jamiegreylongman
22 months 1 week ago
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Co-investment opportunities at your fundI work at a VC/PE fund at an associate level. My partners are open to creating some sort of co-investment opportunity as a way for the non-partners to have skin in the game. We raise new funds pretty regularly and have a new one that will close in a few months, so it seems feasible. I'm like to lear...
moosen
12 months 1 week ago
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LSTA's Complete Guide to Credit Agreement PDFDoes anyone have this on PDF? Would really appreciate it. PM me or post on the thread.https://www.amazon.com/LSTAs-Complete-Credit-Agree... Thanks again ...
CapMarketsBanker
32 months 1 week ago
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Recap when new equity is less than roll-over valueHere is a scenario: Buyer negotiated to buy 70% of stock of Target (keep it as sub/stand alone biz) Agreed EV is $17M. No debt so EV=Equity. So, 70%X$17M=$11.9 (exclude fees for now); $5.1M is value of residual Buyer bringing $3.5M Eq to close; financing $6M in debt (using Target B/S and CFs) and ...
GeorgiaJMULBO
22 months 1 week ago
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Versa Capital Management?Does anyone have any insight into Versa Capital Management (interview process, culture, reputation, etc)? ...
TheLakeShow
32 months 1 week ago
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Interest plus LiborI need help. Can someone explain what interest rate I should be using for forecasting when the reate is LIBOR + 4% cash interest, with a LIBOR floor of 1%. I am new to this and don't understand. ...
mbeaman
12 months 1 week ago
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Pomona CapitalAnyone have any information on them? Seems to be one of the early players in the secondaries market. Curious if anyone has done a deal with them / worked there ...
M_As_In_Mancy
12 months 1 week ago

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WallStreet Prep Master Financial Modeling